Services
Perotti and Carrade provides a wide range of services to individuals and businesses in a variety of industries. At Perotti and Carrade, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Our professional services include:
At Perotti and Carrade, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.
We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices. We have been extensively involved over the years in the trust and estate planning field, including extensive experience assisting attorneys with trust income tax filings such as form 1041 and form 706. We can also assist with form 5227 for charitable remainder trusts and charitable lead trusts and form 990-PF for private foundations. We have significant experience assisting individuals with foreign filing issues, such as FBAR Form 114 filings and Form 8938.
We have experience with oil and gas operations, including companies that are small independent oil & gas producers and royalty owners, including depletion issues and alternative minimum tax issues. We have had extensive experience with multistate and composite state filings for both individuals and types of business entities.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Perotti and Carrade's accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, and employee benefit and profit-sharing plans.
These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Cash flow budgeting and forecasting
- Personal financial statements
- Employee benefit and profit-sharing plans
- Corporate tax planning and return preparation
At Perotti and Carrade, we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.
These services include but are not limited to:
- Audits, reviews, and compilations
- Entity selection and restructuring
- Accounting software selection, implementation, and support
- Business valuations
- Financial projections and forecasts
- Debt and finances advising
- Mergers and acquisitions
- Transaction structuring and negotiations
- Business succession
Perotti and Carrade's financial statement services comprise all three levels of assurance depending on your company's needs.
Financial Statement Audits
Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
Financial Statement Reviews
Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
Financial Statement Compilations
Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Perotti and Carrade's role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well-thought-out plan as to how to distribute the assets left in one's estate so as to avoid complications and to be sure that the individual’s wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss.
Perotti and Carrade's goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. We can guide you through decisions about retirement plans, insurance, college education funding and tax, estate and business succession planning. We also work with many investment advisors who we can recommend for any of your investment decisions. The road to retirement is very important and we can help you to take the proper steps to reach your goals.
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Perotti and Carrade can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Perotti and Carrade can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
Whether you use QuickBooks, Xero, Sage, FreshBooks, Wave, or another accounting platform, Perotti & Carrade helps you get the most out of your bookkeeping system. We focus on clean setup, efficient workflows, and reliable financial reporting—so you can run your business with confidence.
Personalized Training
Hands-on training tailored to your team, your software, and your day-to-day operations.
Setup & Optimization
We configure your chart of accounts, banking, payroll, customer/vendor lists, and workflows to ensure accurate, meaningful reporting from day one.
Ongoing Support & Troubleshooting
Real-time help with posting issues, reconciliations, cleanup, and accounting questions—not just software navigation.
File Review & Oversight
For businesses with in-house bookkeeping, we provide monthly or periodic reviews to catch errors, strengthen controls, and keep financials on track.
Installation & Integrations
Support for initial installation, multi-user setups, cloud conversions, and integrations with payroll, banking, and third-party apps.
Business transactions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Perotti and Carrade can provide professional know-how to help you successfully review and negotiate the deal. Perotti and Carrade employs careful analysis and due diligence to determine the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.
Perotti and Carrade has significant experience assisting individuals with foreign filing issues, such as FBAR filings and Form 8938 as well as Form 3520 for any foreign gifts. We will advise you on foreign filing requirements to make sure you are in compliance as the foreign tax reporting is constantly changing.
Our firm offers trusted fiduciary services to individuals, families, and trustees seeking expert support in managing trusts and estates. We provide comprehensive assistance with fiduciary income tax preparation (Form 1041), trust accounting, asset oversight, and distribution planning. In select engagements, our professionals can also serve as fiduciaries, ensuring continuity, impartiality, and responsible stewardship of assets. Whether you're navigating the complexities of estate administration or seeking a reliable fiduciary partner, we’re here to guide you with clarity, integrity, and precision.